All Forum Posts by: Rich Somers

This is no longer a Seller's market like it was 2 months ago. The LOI's I've been submitting lately include a portion of sales proceeds to go into an escrow account for 90 days after closing to compensate Buyer for any covid related delinquencies, unexpected move outs, ect. and Seller's have been open to negotiate with this language thus far. You gotta think the ones selling right now either have a loan maturing soon, have identified an "up-leg" they want to trade up for, or are spread to thin and need some sort of a liquidity event.

Please join us for a couple drinks and a chance to meet and network with other San Diego Real Estate Investors. No pitching, no fees, just networking.

Monday March 9th @5:30PM 

Stone Brewing Liberty Station

2816 Historic Decatur Rd. San Diego, Ca

We will be in back patio near fire pit.

@Justine Scheuher

Thanks for the S/O Justine. Hope all is well!

Please join us for a couple drinks and a chance to meet and network with other San Diego Real Estate Investors. No pitching, no fees, just networking. 

Monday Feb 10th @5:30pm Stone Brewing Liberty Station 

Hey John, check your inbox.  

@Evan Polaski

Thanks Evan, this will be for something in the 10-30 range in Cincinnati.

I’m actively searching for a great 3rd party Property Manager who can manage 10-30 unit multifamily properties in Cincinnati! Any referrals would be much appreciated! Thanks in advance.

@Justin Wilkey

Check your inbox.

@Justin Wilkey

Justin, I found a national company who is local to Cincinnati and (i believe) would be willing to do 60/40 with brand new machines if I can structure another investor and property into the deal. How soon are you from being ready for 3rd party? They will also haul away your old machines.

@Kris Wong

How many units do you own in Cincinnati Kris?